What is the price of a house in Belgium? In 2022, a house in Belgium would cost approximately 319,000 euros. However, that there are large price differences between the three Belgian regions. A house in the Brussels Capital-Region (the city of Brussels along and its surrounding villages) cost about double the price of a house in Wallonia. Of the Belgian provinces, houses in Hainaut were the cheapest. The ranking shown here only includes what in Flemish Dutch is referred to as “woonhuizen” and as “maisons” in French and therefore does not include apartments.

How much is an apartment in Belgium?

In 2022, an apartment in Belgium would cost approximately 260,000 euros. Apartment prices increased by about four percent compared to 2021, which was lower than the house prices (eight percent).

Is residential property in Belgium expensive when compared to the rest of Europe?

The house price index (HPI) of Belgium did not increase as fast as that of other European countries in 2022. Residential property in Belgium (which includes both newly constructed as well as existing property) increased by six percent between the second quarter of 2021 and the second quarter of 2022, whereas prices in Estonia and Czechia increased by more than 20 percent.

Housing Index in Belgium increased to 142.24 points in the fourth quarter of 2024 from 141.16 points in the third quarter of 2024. This dataset provides - Belgium Housing Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Residential Property Prices for Belgium (QBEN628BIS) from Q1 1970 to Q4 2024 about Belgium, residential, HPI, housing, price index, indexes, and price.

The average price of houses in Flanders, Wallonia and the Brussels Capital Region were very different from each other in 2022. That year, a house in the Flemish region was around 348,000 euros. Belgium has four governments, one national and three regional: Dutch-speaking Flanders, French-speaking Wallonia and the Brussels Capital Region (the city of Brussels along with its surrounding villages). All four areas operate independently from each other. House prices in Belgium have risen in recent years, but the increase has been milder than in the Netherlands and Luxembourg.

This statistic shows the average selling price of houses in Belgium from 1973 to 2017 (in euros). According to the source, the numbers provided concern 'ordinary houses' (in Flemish Dutch: gewone woonhuizen). This in contrast to other numbers, which cover 'villa's, bungalows and mansions', 'apartments, flats and studios' (in Flemish Dutch: villa's, bungalows, landhuizen) and 'building lots' (in Flemish Dutch: bouwgronden). In 2017, the average price paid when selling a house was 216,775 euros.

During the coronavirus (COVID-19) crisis in 2020, house prices in Belgium continued increasing. Unsurprisingly, the Brussels-Capital Region was the most expensive region for housing.

Key information about House Prices Growth

• Belgium house prices grew 3.8% YoY in Sep 2024, following an increase of 1.8% YoY in the previous quarter.
• YoY growth data is updated quarterly, available from Mar 1974 to Sep 2024, with an average growth rate of 5.3%.
• House price data reached an all-time high of 31.2% in Sep 2005 and a record low of -8.1% in Mar 1981.

CEIC calculates quarterly House Prices Growth from quarterly Median Property Price. Directorate-General Statistics - Statistics Belgium provides Median Property Price in EUR. House Prices Growth prior to Q1 2011 is calculated from Average Sale Price of Houses per Transaction.

Belgium - House price index was 3.60% in September of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Belgium - House price index - last updated from the EUROSTAT on July of 2025. Historically, Belgium - House price index reached a record high of 10.60% in June of 2006 and a record low of -1.30% in June of 2009.

How much is the CPI of rents in Belgium? In November 2024, the Consumer Price Index reached a value of around 131.32 in the country. This is an increase of more than five index points when compared to the same month in the previous year. According to Belgium’s house price-to-rent ratio, the country’s housing market might suffer from pressures. This ratio, based on the nominal purchase price of a house divided by the annual rent of a similar place, is normally used to show the undervaluation or overvaluation of real estate prices and aims to give an indication whether or not it is cheaper to buy or to rent residential property. How much does a house cost in Belgium? In 2022, a house in Belgium would cost approximately 319,000 euros. There are, however, large differences between the three regions that exist in the country. A house in Flanders (the Dutch-speaking region), for example cost substantially more than a house in the French-speaking part of the country (Wallonia) but less than in the Brussels-Capital Region (the city of Brussels and its surrounding villages). Building permits are increasing Like in other European countries, housing prices and rents have increased due to a shortage of residential real estate. Demand increased, whilst supply could not keep up. In Belgium, Flanders is the region with the largest share of building permits issued, followed by Wallonia, and the Brussels-Capital region.

In 2022, housing prices in Belgium rose. According to the forecast, 2023 and 2024 will follow with a slight increase of two percent. Consumers signal much uncertainty on, for example, development of unemployment, which can hamper the housing market.

Belgium’s housing prices development

For years, house prices in Belgium followed a similar growth pattern to the country’s economy. Residential property prices grew when Belgium's economy performed well but stagnated when the economy slowed down. Since 2020, however, growth has accelerated. In 2022, the average house price exceeded 319,000 euros, up from 298,000 euros the year before.

The Belgian economy faces an uncertain future

Belgium’s real estate market is closely connected to the economic performance of the country. According to a 2022 forecast, the Belgian economy was predicted to grow by 2.1 percent in 2023. This prediction reflected inflation, supply chain disruptions impacting domestic demand, as well as (a lack of) international trade impacting Belgian growth.

House Price Index YoY in Belgium decreased to 2.90 percent in the fourth quarter of 2024 from 3.60 percent in the third quarter of 2024. This dataset includes a chart with historical data for Belgium House Price Index YoY.

This statistic shows the percentage change on the previous year of housing prices in Belgium from the fourth quarter of 2014 to the fourth quarter of 2016. In the fourth quarter of 2014, housing prices increased by approximately one percent compared to the same quarter in the previous year.

Belgium BE: Price to Income Ratio: sa data was reported at 98.657 2015=100 in 2024. This records an increase from the previous number of 97.098 2015=100 for 2023. Belgium BE: Price to Income Ratio: sa data is updated yearly, averaging 72.900 2015=100 from Dec 1970 (Median) to 2024, with 55 observations. The data reached an all-time high of 104.726 2015=100 in 2021 and a record low of 51.466 2015=100 in 1986. Belgium BE: Price to Income Ratio: sa data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Belgium – Table BE.OECD.AHPI: House Price Index: Seasonally Adjusted: OECD Member: Annual. Nominal house prices divided by nominal disposable income per head. Net household disposable income is used. The population data come from the OECD national accounts database.

Belgium Median Property Price: Houses: with 2 or 3 Facades: Closed Type & Semi Closed Type data was reported at 205.000 EUR th in Sep 2018. This records an increase from the previous number of 195.000 EUR th for Jun 2018. Belgium Median Property Price: Houses: with 2 or 3 Facades: Closed Type & Semi Closed Type data is updated quarterly, averaging 175.000 EUR th from Mar 2010 (Median) to Sep 2018, with 35 observations. The data reached an all-time high of 205.000 EUR th in Sep 2018 and a record low of 156.000 EUR th in Mar 2010. Belgium Median Property Price: Houses: with 2 or 3 Facades: Closed Type & Semi Closed Type data remains active status in CEIC and is reported by Statistics Belgium. The data is categorized under Global Database’s Belgium – Table BE.EB003: Residential Property Prices.

Belgium Luxury Residential Real Estate Market Report is segmented by Type (Apartments and Condominiums, Villas and Landed Houses), and by Region (Walloon Region, Brussels Region, Flemish Region, and the Rest of Belgium). The market size and forecasts for the Belgium Luxury Residential Real Estate Market are provided in terms of value (USD) for all the above segments.

Belgium Median Property Price: Houses data was reported at 230.000 EUR th in Sep 2018. This records an increase from the previous number of 220.000 EUR th for Jun 2018. Belgium Median Property Price: Houses data is updated quarterly, averaging 200.000 EUR th from Mar 2010 (Median) to Sep 2018, with 35 observations. The data reached an all-time high of 230.000 EUR th in Sep 2018 and a record low of 175.000 EUR th in Jun 2010. Belgium Median Property Price: Houses data remains active status in CEIC and is reported by Statistics Belgium. The data is categorized under Global Database’s Belgium – Table BE.EB003: Residential Property Prices.

Residential Property Prices in Belgium increased 2.86 percent in December of 2024 over the same month in the previous year. This dataset includes a chart with historical data for Belgium Residential Property Prices.

Belgium - House price index, deflated was 2.30% in September of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Belgium - House price index, deflated - last updated from the EUROSTAT on July of 2025. Historically, Belgium - House price index, deflated reached a record high of 7.50% in June of 2006 and a record low of -6.70% in December of 2022.

This statistic shows the average selling price of houses in Flanders, Wallonia and the Brussels Capital Region (Belgium) from 1996 to 2017 (in euros). Belgium as a country has the unique situation that it has four governments: one national and three regional. These governments sometimes work together, but also do things differently from another. When looking at Belgium, one therefore also has to look at the regional level. According to the source, the numbers provided concern 'ordinary houses' (in Flemish Dutch: gewone woonhuizen). This in contrast to other numbers, which cover 'villa's, bungalows and mansions', 'apartments, flats and studios' (in Flemish Dutch: villa's, bungalows, landhuizen) and 'building lots' (in Flemish Dutch: bouwgronden). In 2017, a house would cost 234,000 euros on average in the Flemish region in Belgium.

During the coronavirus (COVID-19) crisis in 2020, house prices in Belgium continued increasing. Unsurprisingly, the Brussels-Capital Region was the most expensive region for housing.

Graph and download economic data for Harmonized Index of Consumer Prices: Actual Rentals for Housing for Belgium (CP0410BEM086NEST) from Jan 1996 to May 2025 about Belgium, harmonized, rent, CPI, housing, price index, indexes, and price.

Graph and download economic data for Harmonized Index of Consumer Prices: Services Related to Housing for Belgium (SERVHOBEM086NEST) from Dec 1998 to May 2025 about Belgium, harmonized, services, CPI, housing, price index, indexes, and price.